HC Deb 15 June 1925 vol 185 c64W
Mr. DALTON

asked the Chancellor of the Exchequer what saving would be made in the aggregate future debt payments, for principal and interest combined, due from the British Government to the United States Government and in what year the debt would be completely paid off, if the annual payments under the present funding agreement were to be increased by £1,000,000; and what would be the corresponding savings and years of final repayment in each case if the said annual payments were to be increased by £5,000,000, £10,000,000, £15,000,000, and £20,000.000, respectively?

Mr. GUINNESS

I fear I cannot undertake to answer hypothetical questions of this nature. The hon. Member will find in Command Paper 1912 of 1923 the details of the dollar payments actually due and I should prefer him to make his own assumptions (for example as to rates of exchange and interest) in calculating conjectural variations of this scale.

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